Trump

Autos

Why European, Especially German, Automakers are Going on Defense, Literally

Photo via Doroni

With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.

2 min read

Photo via Ruaridh Stewart/ZUMAPRESS/Newscom

Energy

The White House, Again, Says the Iran War Will Soon End as the US Stakes a Bigger Claim in Global Energy Exports

Experts, officials, and executives have warned that, even if the US and Iran patch things up, oil markets will take until 2027 to normalize.

2 min read
Photo by Erik Mclean via Unsplash

Inflation & Prices

Labor Department Reports Inflation at 4.2% in May, and Energy’s Not the Only Problem

Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.

2 min read
Photo via LONG WEI/FEATURECHINA/Newscom

International Economics

Pentagon Blacklists Chinese Tech Giants, Setting Up Potential Restrictions

Headlining the list of companies that were added are e-commerce giant Alibaba, search giant Baidu, and BYD, the world’s top EV maker.

2 min read

Energy

Regulator Helps Constellation Energy Fast-Track Three Mile Island Revival

Photo via Doug Nicotera/ZUMAPRESS/Newscom

The plan is to bring the infamous power plant back online sometime next year to service a nearby glut of power-hungry Microsoft data centers.

2 min read

Semiconductors

AI Market Braces for Bellwether Nvidia Earnings Report

Photo via Jeanne Accorsini/SIPA/Newscom

The US did approve 10 Chinese firms as buyers for the H200, Nvidia’s second-most powerful AI chip, though no purchases have yet been made.

2 min read

Blockchain

How Stablecoins Are Squaring the Circle a Month After GENIUS Act’s Passage

Photo via Milo Hess/ZUMAPRESS/Newscom

Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US dollar.

2 min read

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